Ryanair posts €596 million 1H profit, continues growth

Ryanair (FR) has reported a first-half profit of €596 million ($762 million), up 10% compared to the year-ago period, on revenues of €3.1 billion, up 15% year-over-year.

Ryanair 737-800. Courtesy, Boeing
Ryanair (FR) has reported a first-half profit of €596 million ($762 million), up 10% compared to the year-ago period, on revenues of €3.1 billion, up 15% year-over-year. Passengers carried in the first half rose 7% to 48 million. The LCC will pay a one-off dividend of €489 million Nov. 30; the company’s gross cash has reached a record €3.9 billion.
FR CEO Michael O’Leary said that growth potential for the ...